Page 1 Advertisements Column 2

Oamaru Mail, Volume IV, Issue 1319, 27 November 1880, Page 1

PUBLIC COMPANIES Abridged prospectus or Proposed Company for the purpose of working the Valuable Marble and other Mineral Deposits at Caswell Sound, New Zealand, TO BE CAI L» D THE CASWELL SOUND MARBLE, PORTLAND CEMENT AND MJNINi* COMPANY, LIMITED, To be registered under " The Mining Company's Act, 1872." CAPITAL: £50,0€0 sterling, ni 10,000 SHABiS, at £5 EACH; 5000 of which will be allotted at once, the balance being; retained for future issue, the origin*. Shareholders retaining the right of taking these up when issued at par pro rata. CALLS : 5s per share cn application, 5s on allotment, and balance in calls as required of 10s per share, at intervals of not less than three months. Provisional Directory. Hon. Edward Richardson, C.M.G., M.H.R., J.P., Christchurch. Hon. J. T. Peacock, M.L.C., J.P., Christchurch. Alex. M'Rae, Esq., Christchurch. W. H. Pilliet, Esq., J. P., Christchurch. W. Stock, Esq., Christchurch. W. Hutchinson, Esq., M. H.R., J.P., Mayor, "Wellington. E. W. Mills, Esq., J.P., Wellington. Hon. J. A. Bonar, M.L.C., J.P., Hokitika. M'Lean Watt Jack, Esq., J. P., Mayor, Hokitika. Ricbd. N. J. Reeves, Esq., M.H.R., J.P., Nelson. A. Stenhonse, Esq., Dunedin. George Munro, Esq., Dunedin. J. R. George, Esq., A.M. Inst. C.E. A. S. Chapman, fcsq., Wellington. Hoy. S>C., pro tem. : Charles Pownall, Ksq , Wellington. Hon. Treasurer, pro tern : Alex. M'Rae, Esq., Christchurch. Bankers and Agent.* : Bank of New Zealand, Wellington, and Branches. Solicitors' : Messrs. Puller, Lewis, and Gully. Brokers and Temporary Offices op the Company : Messrs. Charles Pownall and Co., GreyBtrcet, Wellington. Manager pro tem. : A. H. Maleclm, Esq. Copies of Prospectus and Forms of Application for Shares can be obtained from the Brokers, Provisional Directors, or fi om any of the Branches of the Bank of New Zealand in this Colony, until the 15th day of December, ISBO, at which date all applications must be in the bands of the Brokers, *hen the lists will positively be closed and shares allotted. Specimens of Caswell Sound Marble can be seen at any of the Museums in New Zealand ; the Chamber of Commerce, Wellington ; or on application to any of the officers of the Company. In introducing this eligible investment to the notice of the public, the promoters desire to state that the Company's right comprise the best, most available, extensive, and perhaps mcst valuable Marble deposits in ihe known world, at all events in the Southern Hemisphere. This is sufficiently proved by Caswell Sound Marble 'securing the first prize at the late Sydney Exhibition against Italian Statuary and other v.vnable varieties. They also wish to dwell upon its known certainty and non-speculative character, the ultimate success of this venture being now well established. The lowest quotation for this Marble is 12s per loot, and ranges up to £5. Larger blocks are, however, much more valuable, some pu-e White Statuaiy,'without flaws,realising as much a?. £20,000 sterling in Europe. The ordinary price for a block suitable for a lifesize hnman statue beiDg about £IOOO. The present cost of producing this Marble by manual labor r.nly is about- 2s per cubic foot, f. o.b. These figures may appear incredible, but they are nevertheless absolutely correct. Thus, taking the cost of production as stated, and the very lowest wholesale quotation at 12s per foot, gives the apparently fabulous m;nironm rate of £o>> per cent, profit. It is therefore, no visionary matter, a3 these are leading commercial lines and the values well known, the facilities of production, shipment, high quality of product, giving a vast advantage over a&y like prop' rty in the world. We will also venture to predict that the value of the Company's shares will increase at least 300 per cent, within twelve months of issne. Referring to consumption of these commodities, it is also enormous. The consumption of Marble, Portland Cement, and Lime, in the Australian Colonies alone during the last twelve months ha 3 been £2,872,600 sterling, and is rapidly increasing. Caswell Sound is a commodious and safe harbor for the largest vessels in all weathers, the works of the Company being situated at the water's edge. The Government of tHa colony ha 3 also promised to favorably consider special grants and concessions in aid as soon as the Company is successfully floated. For further particulars re other minerals found at the Sound, copper, coal, gold, &c., also the manufacture of hydraulic cement, lime, &c., together with scientific, professional, Government, and other reports, with details of the objects and intentions of the Company, we refer to the Prospectus, which can bo obtained upon application to any of the officers of the Companv or from Company's Agents, the Bank of New Zealand, Oamaru, and at any of their branches in thi3 colony and Australia. 800

OETh. OX AGO PEVMANEFT BUILDING SOCIEI T. PRESIDENT : Mir. A. J. S. Headland. COMMITTEE 07 MANAGEMENT : Mr. H. Aitken Mr. R. West Mr. T. Fairley Mr. T. Procter Mr. John Thomßon Mi. D. Miller M. W. C. Baudimt Mr. A. Clarke Mr. Robert vVilson. TREASURER : Mr. "W. G. Filleul. SECRETARY I Mr. G. Sttmpter. sot-icxroßs: Messrs. Julius and Balmer. The above Society is prepared to issue £26 Debentures, at Eight per cent, per annum, a payable at any time on three months notice. For further particular and information, apply to GEORGE SUMPTER, 823 Secretary. "IVTEW ZEALAND INSURANCE I>| COMPANY. FIRE AND MARINE. Capital £1,000,000 Fire Department.—lnsurances granted at Lowest Current Rates on Buildings, Mills, Breweries, Stocks, Furniture, Farm Pro. duce, Stacks, &c. Marine Department—l. Hulls insured, on the voyage or time. 2. Merchandise Goods, Freight, &o. The above Company being the first Inlorance Company atablished in New Zeaand, has prior claim to the patronage o £Tew Zealand Colonists and being A LOCAL INSTITUTION, the whole of the funds are nveated in the Colony. Agent fob Oamaru : GEORGE SUMPTEB.